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Apr 19, 2013
04/13
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look, economics are fiscal situation, the deficit, the budget, are all threats to the security. there's a lot of physical seen and unseen threats out there that perhaps are different even from when admiral mullen made that comment. i align myself with the economic piece of it. there are just groups out there that threaten us. ? 0. >> thank you. it is important for us, i think to remember the president's budget despite proposing significant tax increases would still contemplate adding $12.db $2.5 trillion head by the total public. .. >> future years covered by the budget control act. will we continue to see budget that is ignore provisions, ignore the sequester provisions? can you expect budgets like that to be sent to congress that don't reflect the law? secretary hagel? >> the fy15 budget we'll present
look, economics are fiscal situation, the deficit, the budget, are all threats to the security. there's a lot of physical seen and unseen threats out there that perhaps are different even from when admiral mullen made that comment. i align myself with the economic piece of it. there are just groups out there that threaten us. ? 0. >> thank you. it is important for us, i think to remember the president's budget despite proposing significant tax increases would still contemplate adding...
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Apr 18, 2013
04/13
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weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of sequestration. sequestration will have a major impact on military personnel. the pay of military personnel has been exempt it will ask them -- for troops including schools, military children, family support programs and transition assistance programs and mental health and other counseling programs. the president's budget request continues the measure drawdown of active duty and present and strength. we have in recent years given the department numerous force shaping authorities to allow us to reduce the debt strength in a responsible way, ensuring that the service maintains the proper enforcemen
weekend fix the budget that reduces the deficit by $1.2 trillion over 10 years and that would take a grand bargain including spending cuts and additional revenues. would turn off the automatic spending cuts and sequestration for those 10 years. i remain hopeful we can develop such a bipartisan plan but absent a so-called grand bargain, surely we could devise a balanced deficit reduction package for one year that avoid sequestration in fy2014. we simply cannot continue to ignore the effects of...
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Apr 20, 2013
04/13
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have been deficits for four years. but sometimes you need some, you get it, other times, in germany, to end with one poll that is quite interesting. you may know, you may have known that of course there's a lot of concern in public opinion, is it not the wrong decision to care for the european monetary, if you look at -- be have the highest polls we ever had, and shoo we stay in the euro or not. 70%, which is high, said, yes, we have to stay. we have to solve the problem. and it's a good basic. thank you very much. >> thank you very much. [applause] >> let me just start the questions by asking you, we have seen major initiatives in both the united states and europe to regulate banks. is more coordination needed between the two of us and if so, how would you recommend that we could achieve that. >> obviously more coordinate needed, but we try to find solutions in europe. we know that u.s. has in some way gone ahead, but we will work -- we discuss -- it's not most problematic issue actually, to have common understanding
have been deficits for four years. but sometimes you need some, you get it, other times, in germany, to end with one poll that is quite interesting. you may know, you may have known that of course there's a lot of concern in public opinion, is it not the wrong decision to care for the european monetary, if you look at -- be have the highest polls we ever had, and shoo we stay in the euro or not. 70%, which is high, said, yes, we have to stay. we have to solve the problem. and it's a good basic....
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Apr 16, 2013
04/13
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reduction policies like the ones we are proposing. >> the proposal includes $1.8 trillion in deficit reduction over the next ten years. tax increases for the wealthy and raising the minimum wage to $9 an hour. lew will testify before the senate budget committee at 3:00 this afternoon. >>> maryland governor martin o'malley's trip to the super bowl was an expensive one. according to "the baltimore sun" maryland's state police spent more than $5600 on o'malley's trip to north koreans to cheering on the ravens. money was spent on airfare, meals, vehicles, hotel rooms, and overtime. o'malyes has a taxpayer funded sky box at the stadium giving him access to eight super bowl tickets. he and his wife paid for their tickets using personal funds. the others will sold at face value to top aides and the city delegates. >>> our time is 11:49. coming up, a musical tribute to tilds. >> storm team 4 meteorologist tom kierein will be back with another check of warmer forecast. >>> we have a very special trio in the studio headed to venezuela and brazil this week to share their heritage and talent. th
reduction policies like the ones we are proposing. >> the proposal includes $1.8 trillion in deficit reduction over the next ten years. tax increases for the wealthy and raising the minimum wage to $9 an hour. lew will testify before the senate budget committee at 3:00 this afternoon. >>> maryland governor martin o'malley's trip to the super bowl was an expensive one. according to "the baltimore sun" maryland's state police spent more than $5600 on o'malley's trip to...
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Apr 23, 2013
04/13
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set aside for a moment the deficit issue. i said moment, not forever, we know we have to deal with the deficit. but you cannot solve that deficit unless you have americans working. and we can put americans back to work. -- back to work. >> and unleash, i believe, unleash a new economy. i mean, that's -- we're strangling the economy right now. because we're not making the kind of investments. and again, when you look at our competitors, because from northeast ohio, we play a lot of football, there's a scoreboard. there's a scoreboard. mr. ryan: america is not going to win every game but we better be in a position where in the global economic competition that we are competitive and we know what makes us competitive. and i'm not saying it's all about making money, a lot of this stuff that we're talking about is quality of life. we won't get into health care preventive care or anything leek that but we have human beings that are stuck in traffic for two hours in a commute in and out of a city and we're not investing in the high s
set aside for a moment the deficit issue. i said moment, not forever, we know we have to deal with the deficit. but you cannot solve that deficit unless you have americans working. and we can put americans back to work. -- back to work. >> and unleash, i believe, unleash a new economy. i mean, that's -- we're strangling the economy right now. because we're not making the kind of investments. and again, when you look at our competitors, because from northeast ohio, we play a lot of...
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Apr 16, 2013
04/13
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if we go back to january, our deficit is about 2.5 inches for rainfall. i don't think we will get much today. a cold front across the great lakes will be headed our way tomorrow to bring a chance of a few showers. if you are traveling today, the rough spots will be south of chicago, indianapolis, cincinnati, showers and thunderstorms in the lower mississippi valley. forthere could be delays in new york city. temperatures are in the mid 50's hearing this hour. we will make it into the 70 this afternoon. that the latest. time to see what the croats are doing, jamee. >> busy on the b-w parkway. the beltway lanes are open. virginia 95, lanes are open through stafford and the beltway. newschopper 7 is over northbound b-w parkway still dealing with a crash. tow truck has just arrived. seeing some progress. if you are. leading the beltway, stop and are. you might want to consider interstate 95, running without delay between laurel and the beltway. again, this is the b-w parkway northbound. southbound is open without delay. back to you. >> thank you. that's a goo
if we go back to january, our deficit is about 2.5 inches for rainfall. i don't think we will get much today. a cold front across the great lakes will be headed our way tomorrow to bring a chance of a few showers. if you are traveling today, the rough spots will be south of chicago, indianapolis, cincinnati, showers and thunderstorms in the lower mississippi valley. forthere could be delays in new york city. temperatures are in the mid 50's hearing this hour. we will make it into the 70 this...
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Apr 16, 2013
04/13
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these cuts are part of a balanced budget of deficit reduction. these cuts are backloaded, occurring mainly in the years beyond f.y. 2018, which gives the department time to plan and implement the reductions wisely and responsibly, anchored by the president's defense strategic guidance. let me turn to the details of the president's budget request. $526.6 billion budget request addresses the compelling demands of supporting troops in afghanistan, protecting readiness, modernizing the military's weapons inventory and in keeping with the president's strategic guidance and sustaining the quality of the all-volunteer force. today's budget request contains a placeholder request, mr. chairman, for overseas contingency at the f.y. 2013 vel, and the submission does not include a formal request because afghanistan force levels and deployment decisions for this year were delayed in order to provide commanders enough time to fully assess requirements. we will be smithing a budget with the -- submitting a budget and account level detail. the base budget contin
these cuts are part of a balanced budget of deficit reduction. these cuts are backloaded, occurring mainly in the years beyond f.y. 2018, which gives the department time to plan and implement the reductions wisely and responsibly, anchored by the president's defense strategic guidance. let me turn to the details of the president's budget request. $526.6 billion budget request addresses the compelling demands of supporting troops in afghanistan, protecting readiness, modernizing the military's...
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Apr 20, 2013
04/13
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obviously, every one of us wrestle with budgets and deficits, it kind of perks up -- gives us our attention. do you want to elaborate on that a little bit? >> i guess i would say a couple of things. first, arriving at that estimate is a matter of arithmetic, not particular ingenuity. economic growth comes from growth in people, and their productivity. and immigration controls both the size of the labor force and since immigrants tend to work more and participate at higher rates than the native-born, you get labor force growth. as you've mentioned, we often get small businesses and entrepreneurs, which raise the productivity of those workers, and there are benefits to faster overall economic growth in spreading innovation through the economy and thus raising productivity further. my estimates simply look at increases in immigration and follow the research, literature and rules of thumb for the impacts on gdp and on the budget. it's not magic. it's just arithmetic. i will say that it's important to recognize, i didn't tailor that estimate to 2013, '14, '15. this bill looks like it will take s
obviously, every one of us wrestle with budgets and deficits, it kind of perks up -- gives us our attention. do you want to elaborate on that a little bit? >> i guess i would say a couple of things. first, arriving at that estimate is a matter of arithmetic, not particular ingenuity. economic growth comes from growth in people, and their productivity. and immigration controls both the size of the labor force and since immigrants tend to work more and participate at higher rates than the...
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Apr 16, 2013
04/13
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doesn't help us with our trade deficit with china. doesn't help us export more grain to russia. $168 billion we ask american taxpayers to dig into their pocket and pay for the pleasure of paying nair income taxes. more -- their income taxes. more and more americans, mr. speaker, find they can't do their own taxes, that they have to go to a professional tax preparer. i don't mind paying my taxes. i think i'm getting my money's worth. america is a great country. but to help somebody help me pay the taxes makes me angry and it's wrong. it's wrong. you know, i look at what's happened in those former soviet block countries, mr. speaker. you know, those former soviet block countries have all moved to flat taxes? what they found is when they have high tax rates and very difficult to comply with, folks just didn't pay their taxes at all. but when they lowered that rate, made it flat, applied it across a broad base, folks began to voluntarily emit -- remit their taxes. it's not rocket science. it's what we've seen in example after example afte
doesn't help us with our trade deficit with china. doesn't help us export more grain to russia. $168 billion we ask american taxpayers to dig into their pocket and pay for the pleasure of paying nair income taxes. more -- their income taxes. more and more americans, mr. speaker, find they can't do their own taxes, that they have to go to a professional tax preparer. i don't mind paying my taxes. i think i'm getting my money's worth. america is a great country. but to help somebody help me pay...
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Apr 18, 2013
04/13
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i have a record of wanting to do deficit reduction. we are grappling with these at the stateoo department. as part of the budget, we will help cut our deficit responsibly while investing in areas that attract economic growth and create jobs for americans and secure our national interest. budget request of represents a six percent reduction from 2012 fudnding levels. we have examined our request with a clear determination to improve efficiency. given limited reforms and reduce costs -- we have implemented reforms and reduce cost. we deliver the maximum bang for the minimal manager of our citizens dollars. about one penny for our national security and global interests out of every dollar. you may give you examples of the kind of work you're doing to make the world safer. with just over $3.5 million, the bureau conflict and stabilization operations made investments leading up to the recent elections in kenya. i know that helped to prevent a repeat of the violence we saw five years ago it also provided accountability to concededodingd odin
i have a record of wanting to do deficit reduction. we are grappling with these at the stateoo department. as part of the budget, we will help cut our deficit responsibly while investing in areas that attract economic growth and create jobs for americans and secure our national interest. budget request of represents a six percent reduction from 2012 fudnding levels. we have examined our request with a clear determination to improve efficiency. given limited reforms and reduce costs -- we have...